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EURUSD

  • #840,801
  • Oct 4, 2013 4:28pm Oct 4, 2013 4:28pm
Quoting Xhale
{quote} Yea...... stop using this shit and learn how to trade.
Xhale... Yo...!!!
You may be banned for using shit and mofu in the same sentence lolll
But how you always say it...
YOLO...!!!
  • #840,802
  • Oct 4, 2013 4:32pm Oct 4, 2013 4:32pm
Quoting paipai888
it is my first use of mofu. Can anyone put me comment ? {image}
dear lord....
  • #840,803
  • Oct 4, 2013 4:58pm Oct 4, 2013 4:58pm
Quoting Vachus
Here comes The Dollar discount syndrome...
Hoping they'll figure it out over the weekend.. not holding my hopes too high though...

Attached Image (click to enlarge)
Click to Enlarge Name: 970059_556383514384419_1458988911_n.jpg Size: 41 KB
  • #840,804
  • Oct 4, 2013 5:03pm Oct 4, 2013 5:03pm
LOL...

Inserted Video
  • #840,805
  • Oct 4, 2013 5:39pm Oct 4, 2013 5:39pm
Quoting attila
{quote} Hoping they'll figure it out over the weekend.. not holding my hopes too high though... {image}
I really hope so .. or at least to cool off these ridiculous speculation fever about to broke !
"It's the Margin, Stupid."
  • #840,806
  • Oct 4, 2013 6:27pm Oct 4, 2013 6:27pm
Money supply could become an issue
  • #840,807
  • Edited 7:02pm Oct 4, 2013 6:45pm | Edited 7:02pm
gentelmen i am a forex trading biginner, the trading calendar give us a lot of news, but few of them move the market, a lot of the red ones dont do anything. what is best way to forecast the market?? any help/??
  • #840,808
  • Oct 4, 2013 6:48pm Oct 4, 2013 6:48pm
and you brought EURO on year high?

you got to be kidding me
been there done that, Good Bye
  • #840,809
  • Oct 4, 2013 6:53pm Oct 4, 2013 6:53pm
Quoting JimmyC
Money supply could become an issue
Use a demo. Unlimited supply. Me too is short of money
The Thief of Wall Street
  • #840,810
  • Oct 4, 2013 7:06pm Oct 4, 2013 7:06pm
Quoting Chicky
{quote} Use a demo. Unlimited supply. Me too is short of money
problem is I cant pay my bills with demo money
been there done that, Good Bye
  • #840,811
  • Edited 8:34pm Oct 4, 2013 8:21pm | Edited 8:34pm
Quoting TheChef
Sorry guys, Noob question: If a weekend gap passes through a sl/tp, will your order get stopped out at the level you have set it at, or the first available price charted at the open?
It's dependence on broker ,

brokers suppose to fill order @ best available price. but Some brokers fill TP @ set level and stop market price, If gap is too big it might take some time to fill order , 2,3 weeks back one of my weekend trade TP filled 9 mins after market open but it's filled 15 pip better than opening price. if it was s/l with 15 pip slip i would have gone mad

when it come to short , broker have more advantage than you they can always say Spread was Wide @ opening , on some pair opening spread can go over 50+ pip and most of the time fist tick come with big spread when gap is too big.
Mohan
  • #840,812
  • Oct 4, 2013 8:52pm Oct 4, 2013 8:52pm
Quoting mry2001
{quote} what is your target?
1. 1.5960
2. 1.5775
New voice message: Why are you calling me? If I need you, I'll call you!
  • #840,813
  • Oct 4, 2013 9:01pm Oct 4, 2013 9:01pm
Quoting Chicky
{quote} Use a demo. Unlimited supply. Me too is short of money
And then fund your live account with proceeds from the demo.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #840,814
  • Oct 4, 2013 9:51pm Oct 4, 2013 9:51pm
Quoting KillerWhale
{quote} And then fund your live account with proceeds from the demo.
You can only transfer $100 or less from a demo to live account under the promotional schemes of a few brokers................ but its different for me. I know how to misuse this facility. I did it socres of time, but now think its against moral values and have stopped doing that. $34,500 made seem enough to trade with this free money. I have earlier posted how to do it, but cannot delete that post.
The Thief of Wall Street
  • #840,815
  • Oct 4, 2013 10:45pm Oct 4, 2013 10:45pm
Quoting Chicky
{quote} You can only transfer $100 or less from a demo to live account under the promotional schemes of a few brokers................ but its different for me. I know how to misuse this facility. I did it socres of time, but now think its against moral values and have stopped doing that. $34,500 made seem enough to trade with this free money. I have earlier posted how to do it, but cannot delete that post.
In order to do that, you need a real friend like Killer Whale.
The Thief of Wall Street
  • #840,816
  • Oct 4, 2013 11:01pm Oct 4, 2013 11:01pm
hello, gatorinla.

I have great interest in "mofu/norm" concept.

I did search in this thread to find this concept .and arranged that as like as below.
Can anyone give me comment?

in a word, trading with "mofu/norm" is Fibonacci Retracements and elliotte wave theory.
- all trend start with motive impulses ,that break major support(I think it is norm , that you talk?). it need a candle with long height and big volume.
- all trend have retrace to make wave 2 of five waves. it can be 50% level of first motive .( i think it is mofu area,that you talk ?)
- if trend keep this retrace level , wave continue to make wave 3 ,target is 1.618 level of first wave.
- if trend dose not keep this level, trend fail.

So, to trade with mofu.
- Detect swing high/low
- apply this indicator to get mofu.
Attached File(s)
File Type: ex4 GatorMofu.ex4   3 KB | 260 downloads

- looking mofu area to detect trend continue or reversal.
- above or below enter position with tp/sl

But i dont know as well is it correct.
Can anyone tell me more detail?

btw i did attach usdjpy chart ,that appled mofu indicator.
He is saying , if uj keep current mofu zone, go to up to 107.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpydaily.png Size: 14 KB

Anyone, please teach me more detail about mofu/norm.PLEASE ,PLEASE I want learn this really!!!!
Thank you.
  • #840,817
  • Oct 4, 2013 11:34pm Oct 4, 2013 11:34pm
hello, every one

i did attach chart , that i made.
there are two indicator and a script
- one is zigzag_ma ,that i made.
- one is mofu indi,that i got in this forum
- one is ellite wave script, that i made.

USDCHF is going to 9120 area, if he keep 0.9040.

hello, gatorinla . I want have chance to learn about mofu/norm.
Please give me chance.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh1.png Size: 33 KB
  • #840,818
  • Oct 5, 2013 2:12am Oct 5, 2013 2:12am
Quoting math_GB
{quote} Hi mate...! I trust you are well... I understand where you are coming from but I believe market at the moment fears more about the debt ceiling issue we will be focusing on shortly. I mean if they can't even come to a conclusion with the government shut down, what do you think will happen till Oct 17th...? Some issues take priority here and debt ceiling(!), yes that is quite big not only here but as well as equities, fixed income, commodities... You name it... Have a fabulous weekend mate...
Hi Math,

Good to talk with you again. Many thanks to all those members out there who took the trouble to post your responses to my question. I shall continue to work with my main strategy until we see how this scenario pans out. That is, to place trades whenever a candle on the M5 chart moves through the main pivot line or the 1st main line of resistance or support in alignment with the trend, and is followed by another candle confirming the momentum. I always set the TP for 10 pips. If the PA moves through one of these lines in a counter-trend direction, I settle for 5 pips.

I have been deploying this strategy successfully for 3 months now, during which time it has not turned in a loss. As a rule, I only enter trades between 06.00 and 17.00 GMT. I have taught my trainee, Charley, this technique and she has now been using it for 3 months, so far without loss. I allow her to trade £5 per pip; most days, she closes two trades which contribute £100+ to our income.

Later this month, I have arranged for her to receive 2-days of intensive training from the famous Clive Arneil, the man who trained me. It will be interesting to see her progress, hopefully exponentially, following this.

Have a great weekend. Catch you soon.
  • #840,819
  • Oct 5, 2013 2:32am Oct 5, 2013 2:32am
I have posted my levels for EURO for those who are interested here:

http://www.forexfactory.com/showthre...05#post7007805
  • #840,820
  • Oct 5, 2013 3:15am Oct 5, 2013 3:15am
Quoting paipai888
Anyone, please teach me more detail about mofu/norm.PLEASE ,PLEASE I want learn this really!!!! Thank you.
If you dont know how to read a chart, any system will make you lose.

Learn how to trade naked chart, start from the beginning
COT: The precious data ignored
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